Financial insights visualization: University of Michigan consumer sentiment deteriorated sharply in April preliminary data, with multiple tweets citing sentiment at 47.6 versus forecasts around 51.5-52.0 and prior 53.3., Inflation expectations in the Michigan survey moved higher, with multiple tweets reporting 1-year expectations at 4.8% versus 3.8% prior and 5-year/5-10 year expectations at 3.4% versus 3.2% prior.
US macro turned stagflationary: U. Mich Apr prelim sank to 47.6 vs 53.3; 1Y inflation expectations jumped to 4.8% from 3.8%. CPI also ran hot: 3.3% y/y, 0.9% m/m; UST 10Y 4.28%-4.30%. Watch Fed/risk repricing in $SPY $QQQ #XAUUSD
0
0
1
0
